Category: Boom
-
Altcoins: Analyzing Key Signs For A Potential Boom
•
Altcoins are generating buzz among cryptocurrency watchers, with rumors of a potential Bitcoin hack circulating. After weeks of sluggish trading, a recent capital increase has revitalized the king of coins. This raises a pressing question: Will altcoins ride the wave, or are they doomed to be left behind? Related reading…
-
Dell beats first-quarter revenue estimates as AI boom bolster server demand
•
(Reuters) – Dell Technologies beat Wall Street estimates for first-quarter revenue on Thursday, snapping a six-quarter streak of declines, thanks to surging demand for its artificial intelligence-powered servers. The surge in demand for high-performance computing and large-scale data centers to support the growing adoption of generative AI has spurred investments…
-
Apple’s rising growth amid China’s smartphone boom By Investing.com
•
Investing.com – Analysts at Evercore Partners Inc (NYSE:) recently provided a detailed look at the performance of the Chinese smartphone market, highlighting the second straight month of accelerating shipments. According to the analysis, the market saw a significant year-on-year increase of nearly 29% in April, a notable improvement compared to…
-
Nvidia shares jump 4% as the AI boom fuels another blockbuster quarter and better-than-expected forecast
•
Nvidia Corp, the chipmaker at the center of the AI boom, gave another upbeat sales forecast, showing that spending on AI computing remains strong. The company said on Wednesday that second-quarter revenues will reach about $28 billion. Analysts on average expected $26.8 billion, according to data compiled by Bloomberg. Results…
-
Micron increases capex forecast for 2024 amid AI spending boom: report
•
JHVEphoto micron technology (Nasdaq: Mo) raised its forecast for capital spending for this year on Tuesday amid increased spending related to artificial intelligence. Involved decreased 1.3% Late morning trading. Micron now expects to spend about $8 billion this year, up from a previous forecast of $8 billion. About $7.5 billion,…
-
Biden’s Solar Factory Boom Slows as Cheap Imports Flood Market
•
Breadcrumb links BMN Business The inflation cap law helped spur solar manufacturing in the United States, but after less than two years, there are signs that the boom is fading. Article writer: Bloomberg News Jennifer Dlouhy Posted on May 12, 2024 • 4 minutes read You can save this article…